BELARUS NEWS AND ANALYSIS

DATE:

26/01/2011

Russia resumes oil supply to Belarus

Russia's oil-pipeline company Transneft on Tuesday resumed pumping oil to Belarus after contracts were signed between Belarus' oil refineries and Russian suppliers, according to Transneft's press secretary Igor Demin.

Marina Kostiuchenko, a spokesperson for Belarus' national petrochemical company, Belneftekhim, said negotiations on Russian oil deliveries to Belarus had ended in Moscow.

"Now the Belarusian and Russian sides are working on the paperwork regarding transportation of oil to refineries," said Kostiuchenko, without detailing the contract conditions and prices.

Without contracts signed for 2011, Russia's oil companies cut off oil supplies to Belarus on Jan. 1, 2011. While negotiations proceeded, Belarusian oil refineries tapped into existing oil reserves.

Source:

http://english.peopledaily.com.cn/90001/90777/90853/7272937.html




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